SEMICON India 2024 by PM Narendra Modi
Prime Minister Narendra Modi inaugurated SEMICON India 2024 on September 11, 2024, at the India Expo Mart in Greater Noida, Uttar Pradesh. This three-day conference aims to establish India as a global hub for semiconductor design, manufacturing, and technology development. The event has attracted top leadership from global semiconductor giants, with over 250 exhibitors and 150 speakers participating.
The conference focuses on the theme "Shaping the Semiconductor Future" and showcases India's semiconductor strategy and policy. PM Modi expressed confidence in India's ability to become a reliable partner in the global semiconductor supply chain and assured stable and predictable policies for the industry's growth.
Some key highlights from the event include:
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Investments: Larsen & Toubro Ltd. plans to invest over $300 million to establish a chip company.
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Partnerships: CEO of SEMI, Ajit Manocha, praised PM Modi's vision and leadership in bringing the semiconductor industry to India.
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Government Support: The Uttar Pradesh government has introduced the Uttar Pradesh Semiconductor Policy 2024, offering incentives to attract investment.
*Key Takeaways from PM Modi's Address:*
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India's Vision for Semiconductor Growth: PM Modi emphasized India's goal to become a global leader in semiconductor manufacturing and technology.
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Investments and Partnerships: He highlighted the importance of partnerships and investments in the semiconductor sector, with over 1.5 trillion rupees already invested in the sector.
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India's Advantages: PM Modi noted India's integrated ecosystem, including a talented pool of youth, reforms, and a growing manufacturing base, making it an attractive destination for semiconductor investment.
Overall, SEMICON India 2024 demonstrates India's commitment to becoming a major player in the global semiconductor industry.
